Articles by Northern Miner Staff


FINANCING (April 03, 1989)

VANCOUVER Digger Res Inc — 600,000 sold for gross $270,000. TSA Expls Ltd — gross proceeds rec $500,000. Agristar Inc — 4,000,000 offered @ $1.497 per sh. Int’l Brace Res — 600,000 shs offered @ 4…


Citadel financing

Citadel Gold Mines (TSE) has received approval from The Toronto Stock Exchange allowing the company to proceed with a private placement of first preferred shares valued at $5.5 million. The shares are…


Orenda Gold no longer exists

I recently inherited 100 shares of Orenada Gold Mines purchased in 1945, and I would like to know if these shares have any current value. If they are of value, how can I redeem them? R.M., Leamington,…


American Platinum drilling on Angle Bay

A follow-up drill program is planned by American Platinum (VSE) on the company’s Angle Bay platinum group metals (PGM) project, near Lac des Iles, Ont. The four-to-five-hole program, expected to begin…



50 YEARS AGO TODAY IS A WORLD WAR ON THE HORIZON?

Nobody knows with certainty, but everybody is interested in the possibility. If war comes, what then? In the first instance, it would be recognized that such a war would not break on an unprepared wor…


Correction (April 03, 1989)

Contrary to what was was reported recently (N.M., March 20/89), Calgary-based Baloil Resources (ASE) intersected 8.8 ft of grade 0.13 oz gold per ton in drill hole DDH-1 during a 2,400-ft program at i…


Canamax to sell Hundere prospect for $10 million

A $10-million offer for its Mt. Hundere zinc-lead-silver project in the Yukon was too good to be refused by Toronto-based Canamax Resources (TSE). After outlining 5.2 million tonnes of grade 18.5% com…


Corona declares write-down for Nickel Plate project

Major North American gold producer Corona Corp. (TSE) decided to declare a write-down of $108 million in 1988 after revising ore reserves at its Nickel Plate mine in southern British Columbia. Last ye…


IOCC GOLD OPTIONS (April 03, 1989)

Options Open Series Volume Last Interest May 390 C * 40 12.00 593 May 400 C 1,026 4.20 4,184 May 420 C * 251 1.50 2,918 May 440 C * 130 0.40 2,736 Aug 400 C * 68 …


INSIDER TRADES (April 03, 1989)

Amer. Barrick — Horsham Sec. bought 1,170,300 (Feb.) @ $23.07-$23.50 to hold 14,366,396. Augdome — J. Archibald sold 10,000 @ 30 cents (Sept./88, amended) and 25,000 (Feb., private) @ 21-22 cents …


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